ADP // 2021 Universal Registration Document
CAP I TAL AND SHAREHOLD I NG STRUCTURE
SHAREHOLDING
Staff shareholder structure A company investment fund (FCPE), ADP Actionnariat Salarié, was created for the purposes of holding and managing shares acquired by rights-holders linked to companies included within the Group Savings Scheme (PEG). The FCPE ADP Actionnariat Salarié Supervisory Board comprises four employee shareholders representing the employee shareholders enrolled in the Plan and four representatives of Aéroports de Paris and the company’s
party to the Group Savings Scheme. The representatives of the employee shareholders are elected by the shareholders. In accordance with applicable regulations, the Supervisory Board exercises the voting rights attached to the securities included in the fund and, in this respect, appoints one or more representatives to represent the fund at the Company’s General Meetings.
7.1 .2 DOUBLE VOTING RIGHTS
Pursuant to article L. 225-123 of the French Commercial Code, certain shareholders have been automatically entitled to double voting rights since 3 April 2016 1 .
7.1 .3 CONTROL OF THE COMPANY
At 31 December 2021, the French State held 50.6% of the Company’s capital and 58.3% of its voting rights. The Pacte law, promulgated on 23 May 2019 and published in the French Official Journal on the same day, has provisions that authorises the State to hold less 50% of the capital and the voting rights of the company.
7.1 .4 END OF THE HUBLINK INDUSTRIAL COOPERATION
AND INITIATION OF A PROCESS FOR THE ORDERLY SALE OF THE CROSS-SHAREHOLDINGS OF 8% HELD RESPECTIVELY BY AÉROPORTS DE PARIS AND ROYAL SCHIPHOL GROUP
Aéroports de Paris and Royal Schiphol Group summarised in section 5.1.7 “End of the industrial cooperation”. HubLink marks the beginning of the orderly sale of the 8% cross-shareholdings held respectively by Aéroports de Paris and Royal Schiphol Group”. In this context, the Board of Directors meeting of Aéroports de Paris of 16 February 2022 authorised the Company to use the rights that the exit agreement between Aéroports de Paris and Royal Schiphol Group of 1 December 2008 conferred on Aéroports de Paris. For more details, see section 5.5 of this document.
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The HubLink industrial cooperation agreement between Aéroports de Paris and Royal Schiphol Group, effective since 1 December 2008, ended on 30 November 2021. The duties as members of the Board of Directors of Aéroports de Paris of Dick Benschop and Robert Carsouw, respectively Chief Executive Officer and Chief Financial Officer of Royal Schiphol Group, and that of Edward Arkwright, Chief Executive Officer of Aéroports de Paris, as a member of the Supervisory Board of Royal Schiphol Group, ended on 30 November 2021. The completion of this cooperation marked the beginning of the settlement mechanism for the cross-shareholding between
1 On this subject, see section 7.4.2.
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AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 202 1
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